Introduction
In the competitive landscape of cryptocurrency trading automation, two platforms have emerged as significant contenders: 3Commas and Cryptohopper. Both launched in 2017, these non-custodial bots promise to automate the trading cycle and generate steady profits by connecting to major exchanges. However, a detailed comparison reveals critical differences in reliability, exchange support, and core features that can significantly impact a trader’s experience and potential returns. This analysis breaks down their respective strengths and weaknesses across key categories to determine which platform might be the better fit for different types of investors.
Key Points
- 3Commas supports 18+ exchanges including Binance and Coinbase Pro, while Cryptohopper works with 11 exchanges but offers more cryptocurrency pairs per exchange.
- 3Commas scored 9/10 for reliability and steady profits, whereas Cryptohopper received 7.4/10 and is noted to be occasionally vulnerable to glitches and crashes.
- Both platforms use non-custodial models, encrypt API keys, and offer two-factor authentication, but Cryptohopper includes a copy trading feature that mimics strategies from top traders.
Platform Foundations and Market Position
Founded by Yuriy Sorokin, Egor Razumovsky, and Mikhail Goryunov, 3Commas is headquartered in Tallinn, Estonia, and has established itself as a market leader. The platform was created to solve the problem of managing cryptocurrency trades across multiple digital exchanges. It currently serves over 220,000 active monthly users globally, supporting trades on more than 18 exchanges and across over 2,000 crypto trading pairs. Its core value proposition is providing a unified interface for portfolio management and automated trading strategies.
Cryptohopper, founded by Rudd Feltkamp and based in Amsterdam, Netherlands, offers a similar automated trading service with a focus on leveraging market opportunities. A distinctive feature is its copy trading functionality, which allows users to mimic strategies from other successful traders—a method popular in traditional forex and stock markets. The platform also provides a mobile app for managing trades on the go. While it supports fewer exchanges than 3Commas, it emphasizes a wide selection of cryptocurrencies within those supported platforms.
Critical Comparison: Reliability, Exchanges, and Strategies
Reliability is paramount in automated trading. According to the analysis, 3Commas holds a strong reputation for steady profits and consistent operation since its 2017 launch, earning it an overall rating of 9/10. It is described as a reputable platform used by thousands of traders worldwide. In contrast, Cryptohopper, while trustworthy, is noted to be occasionally vulnerable to glitches, bugs, and crashes that can jeopardize earnings, contributing to its lower score of 7.4/10.
Exchange compatibility is another major differentiator. 3Commas supports a broader array of major exchanges, including Binance, Coinbase Pro, Kraken, KuCoin, Bitfinex, BitMEX, Bitstamp, Bittrex, Deribit, HitBTC, Huobi, OKEx, and Poloniex. Cryptohopper supports 11 exchanges, such as KuCoin, Kraken, Coinbase Pro, Binance, and Bittrex. While 3Commas offers more exchange options, Cryptohopper is noted for providing users with a wider choice of cryptocurrencies to trade within its supported exchanges.
The trading strategies offered also vary. 3Commas provides a versatile toolkit for users to create and automate strategies, including Simple Trading Bot, Composite Trading Bot, Smart Trade, Copy Trading, and Grid Trading. Cryptohopper offers pre-fabricated, community-vetted strategies and its signature copy trading feature. However, the platform warns that customizing these pre-set strategies carries a risk of incorrect configuration, which could affect performance.
Security, Support, and Final Verdict
Both platforms prioritize security through non-custodial models, meaning they never hold user funds. 3Commas implements two-factor authentication (2FA) and encrypts all API keys and passwords. Cryptohopper also emphasizes safety, stating it does not store user tokens and handles data in compliance with stringent laws. From a security standpoint, both are considered safe for automated trading.
Customer support structures are robust for both services. Cryptohopper offers support tickets, multiple help channels, and a detailed FAQ section. 3Commas provides assistance via a chatbot, email support, a Telegram channel, and comprehensive guidelines. The analysis suggests Cryptohopper has a particularly useful support section, but both are deemed responsive to user issues.
The final assessment, based on thousands of user reviews, gives 3Commas the lead in more categories, particularly in generated performance and reliability. However, the choice ultimately depends on user priorities. For those valuing a proven track record of steady profits, extensive exchange support, and a rich set of customizable trading tools, 3Commas is the recommended choice. Traders who prioritize access to a broader range of cryptocurrencies per exchange, a copy trading feature, and a user-friendly interface may find Cryptohopper better suits their needs, provided they are mindful of its noted potential for technical issues.
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